The Swiss investment manager reported a 35% increase of structured products outstanding in full year 2019 with the financial products division holding on to its market share despite increasing competition.
Vontobel has reported a net profit of CHF265.1m (US$271.5m) for full year 2019, an increase of 14% compared to the prior year. In 2019, the Vontobel Financial Products business – one of the leading providers of investment and leverage products – managed to defend its market share on the exchanges despite ‘increasingly fierce’ competition. Measured in terms of exchange-traded volumes in the target segment, it reported a market share of 32% in Switzerland, relatively stab
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